Woodside Petroleum Ltd, Perth, has moved to pre-Front-end Engineering and Design (pre-FEED) for its Shwe Yee Htun gas field offshore Myanmar. The field, in Block A-6 in 2,300 metres of water off Myanmar’s west coast, was discovered in 2015. Another Block A-6 discovery…
Independent energy producer WPX Energy revealed Monday that it will purchase Felix Energy for US$2.5 billion. The purchase price consists of US$900 million in cash, subject to closing adjustments, and US$1.6 billion in WPX stock issued to the seller. The company said it…
Dutch energy and dredging services provider Royal Boskalis Westminster NV has been awarded two offshore contracts with a combined value of approximately €85 million (US$94.8 million). Boskalis said on the 17th December that it had won a deal for a four-kilometre-long gas pipeline, which…
National Iranian Oil Company (NIOC) has contracted Petropars to perform the engineering, exploration and basic design for the Farzad B gas field development in the Persian Gulf. Iranian Minister of Petroleum Bijan Zangeneh said NIOC had allocated US$75 million towards the programme with the…
The technology group Wärtsilä has announced the first order of its innovative new Wärtsilä Modular Block solution for power generation to Aggreko, a global provider of mobile, modular power, temperature control and energy services. Four Wärtsilä Modular Block enclosures with one medium-speed Wärtsilä 32…
Touchstone Exploration has made a significant crude oil discovery with the Cascadura-1ST1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago. Highlights Cascadura-1ST1 cased hole wireline logs indicated significant prospective oil pay totalling 1,037 feet from 1,374 feet…
Oman Oil Refineries & Petroleum Industries Company (ORPIC) has completed a major turnaround involving installation of a new reactor for an existing residue fluid catalytic cracking (RFCC) unit at the operator’s now 198,000-b/d Sohar refinery, about 230 km north-west of Muscat. Subcontracted by India’s…
China Petroleum & Chemical Corporation (“Sinopec” or the “Company”) has completed the central unit of the Al-Zour refinery project in Kuwait. As the largest refinery in the Middle East, it will make Kuwait the biggest clean oil-producing country in the region with an annual…
BP has said it has further confirmed the world-class scale of the gas resource offshore Mauritania and Senegal which could lead to new offshore developments. The company said that three appraisal wells drilled this year, GTA-1, Yakaar-2, and Orca-1, had targeted a total of…
JDC said on the 13th December that the drilling rig Hakuryu-5 had started operations offshore Natuna, Indonesia on that day. The Hakuryu-5 rig was awarded a contract for two firm wells, expected to take 123 days, by Medco in January 2019. Medco also…
